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    Ecosystem News

    Flat6Labs Launches F6 Ventures, Pivoting to Larger Investments After 14 Years

    F6 Ventures will now manage the group’s venture capital funds.
    Read more
    Ecosystem News

    Cairo’s Suplyd Raises $2M to Build an Operating System for Restaurants

    The company operates in Egypt’s Hotels, Restaurants, and Catering (HORECA) market, which is valued at an estimated $10bn.
    Read more
    Ecosystem News

    EBRD Puts $10M into Breadfast as the Egyptian Grocery Startup’s Valuation Nears $400M

    The European Bank for Reconstruction and Development (EBRD) is injecting $10 million into Breadfast.
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    NORTHERN AFRICA

    Glovo Overhauls Moroccan Operations in Settlement with Antitrust Watchdog

    The Spanish delivery giant has agreed to cap commissions, scrap exclusivity clauses, and pay a fine to end a year-long investigation into anti-competitive practices.
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    Updates

    Bank Zero Joins TymeBank and Discovery in South Africa’s Profitable Neobank Club

    Bank Zero hits monthly break-even with just 275,000 direct retail accounts, offering a playbook for capital-efficient fintechs.
    Industry

    Two Exits in Six Years: Dan Kleinbaum’s GTXN Acquired by Luno

    Deal gives the crypto exchange an owned settlement layer across developed–emerging market corridors - but proposed South African rules may restrict the very activity it enables.

    Sponsored Posts

    Industry

    Is Talent Export the New Impact Thesis? Daniel Yu’s $100M Fund Makes Its First Bet

    Move signals fund's focus on labour migration as a pathway out of poverty.
    Industry

    Shuttlers Launches Carpooling Service as Rivals Race for Uber’s Market Share in Nigeria

    Findings by Launch Base Africa found that fares on several ride-hailing platforms operating in Nigeria have risen sharply since Uber’s exit.

    Latest articles

    Updates

    Bank Zero Joins TymeBank and Discovery in South Africa’s Profitable Neobank Club

    Bank Zero hits monthly break-even with just 275,000 direct retail accounts, offering a playbook for capital-efficient fintechs.
    Industry

    Two Exits in Six Years: Dan Kleinbaum’s GTXN Acquired by Luno

    Deal gives the crypto exchange an owned settlement layer across developed–emerging market corridors - but proposed South African rules may restrict the very activity it enables.
    Updates

    Paymob Scoops $35M as GCC Market Hits Nearly Half of Group Revenue

    Egyptian payments provider gains backing from Mubadala and EBRD as revenues triple across Middle East markets
    Updates

    Spiro Takes Total Debt From Africa Go Green Fund to $36M

    Additional $18m loan backed by Swedfund-capitalised fund will expand battery-swapping infrastructure across Uganda and Rwanda.

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